We onboarded a hoemowner to our property management team in West Palm Beach just over a month ago.

With that said, I've done some research on the market and found the following information helpful in my considerations for Phoenix that you might find helpful as well:  Demand for both buying and renting property remains high due to the city's strong economy and growing population. 

I wrote the above for informational purposes.

Here are pockets I focus on for cash flow:West side - West boulevard, Cudell, Clark-Fulton, Jefferson, Bellaire-Puritas, Old BrooklynEast side - Fairfax, Buckeye-Shaker (the north side), Waterloo Arts District, Garfield Heights, Maple Heights, Newburgh Heights, Lee-Miles (the north side), BedfordHere are the areas that I focus on for appreciation:West side - Lakewood, Edgewater, Old Brooklyn, Ohio City, Tremont (above 490)East side - Buckeye-Shaker (the north side), Waterloo Arts District, Fairfax*I have a graded neighborhood map of these areas as well if you would like to check it out.

However, it adds up quickly if you analyze the cost of turning the unit, marketing, vacancy loss, and your team's time to find a new tenant.

@Wells H. you can spend DAYS driving through Detroit!

Make an informed decision if you think people are properly trained?

@Kerry Hermann We got our start in the western Chicago suburbs as well but are now totally focussed on The Shoals.

Follow up outside the activities to ask for business and see how you can serve them as well in their business.Best wishes and good luck.

yes, you can be successful in any of them, but only if you have a team / network.